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Nov 7, 2012
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nbc news projecting president obama wins re-election. now that we know ohio has gone to obama. barack obama, president of the united states. i want to go to phil lebeau in mccormick park at headquarters. over to you, maria, you can hear the crowd. just pointed up there, projected to be the next president of the united states. there's a huge cheer here. there are about 10,000 president obama supporters packed into the mccormick place, filling up, cheering as other states were announced. you can see over my shoulder they were putting different returns up from different states. now they're determining president obama is going to be win re-election. we had a clue the president must have been pretty confident this was going to happen. about ten minutes ago there was a live picture from a local affiliate here in town showing the president's motorcade going from the fairmont hotel to here at the mccormick place. so he wouldn't have been coming here if he wasn't confident at this stage that he was going to win re-election. so now the question is when do we hear from him? guys? >> all r
nbc news projecting president obama wins re-election. now that we know ohio has gone to obama. barack obama, president of the united states. i want to go to phil lebeau in mccormick park at headquarters. over to you, maria, you can hear the crowd. just pointed up there, projected to be the next president of the united states. there's a huge cheer here. there are about 10,000 president obama supporters packed into the mccormick place, filling up, cheering as other states were announced. you can...
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Nov 7, 2012
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economy and persistently high unemployment. >> investors cheer obama's re-election. equities trading high led by autos and health care stocks. >> democrats keep their hold of the senate and republicans keep their control of the house. >> there will be a tough challenge facing the looming fiscal cliff. >>> a very good morning to you. it's been a long night, but we have a result. >> yes, we do. let's get right it to. president barack obama capturing a second term in the white house despite the struggling u.s. economy. he did manage to win many of the same states he took in 2008 and nearly all the critical swing states, including ohio, virginia, and colorado. speaking to supporters in chicago just a few hours ago, the president congratulated his republican challenger on the spirited race and said there's plenty of work ahead to fix the country's fiscal problems. >> i believe we can seize this future together, because we are not as divided as our politics suggest. we're not as cynical as the pundits believe. we are greater than the sum of our individual ambitions, and we
economy and persistently high unemployment. >> investors cheer obama's re-election. equities trading high led by autos and health care stocks. >> democrats keep their hold of the senate and republicans keep their control of the house. >> there will be a tough challenge facing the looming fiscal cliff. >>> a very good morning to you. it's been a long night, but we have a result. >> yes, we do. let's get right it to. president barack obama capturing a second term...
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Nov 7, 2012
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these are sectors affected by obama's election. coal stocks, financials, defense stocks, energy stocks, and dividend payers. that's a dvy at the bottom. finally, the market is taking this in stride. it's been a very orderly selloff. it's not been a good day, but look at the vix index. if this was a real worry day, you'd see the vix go into the low to mid-20s today. the fact we're still below 20 is a reality mark. >> yeah, maria is here making her way through the snow. i don't envy going home today. that's going to be interesting. >> it is snowing out at this point. i can report. >> we should also point out apple with a decline today at one time was down 20% from its recent peak in september. >> that's what i was going to ask you, bob. how much of a factor is this big selloff in apple? >> yeah, 564, apple hit a 20% decline. i know a lot of people think this is voodoo, but you can see it in the charts. it was about 10:50 a.m. eastern time. apple dropped on heavy volume. the dow lost 50 pointins or so the same time. you can see cause
these are sectors affected by obama's election. coal stocks, financials, defense stocks, energy stocks, and dividend payers. that's a dvy at the bottom. finally, the market is taking this in stride. it's been a very orderly selloff. it's not been a good day, but look at the vix index. if this was a real worry day, you'd see the vix go into the low to mid-20s today. the fact we're still below 20 is a reality mark. >> yeah, maria is here making her way through the snow. i don't envy going...
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Nov 6, 2012
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to hungary if president obama wins re-election. stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- "i'm done. i'm out of here." you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ♪ >>> welcome back. this is a live picture of voters in virginia. the key swing state has 13 electoral votes up for grabs. now take a look at new jersey voters. this is a live picture in cherry hill. they weren't hit as hard by sandy as coastal and northern new jersey residents. the state has extended the deadline for displaced voters to return their ballots to 8
to hungary if president obama wins re-election. stay with us. this is awesome!o, haha! folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. you know, one job or the other. the moment i could access the...
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Oct 10, 2012
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. >> i know your famous crystal ball says president obama will win re-election. consensus is he cannot win without ohio. i've done the numbers, he can win without ohio if he gets florida, virginia, colorado, wisconsin and nevada. i know it is a long shot. where are you pin being the odds on a romney or obama victory? >> it's a close competitive election and we'll have to see whether president obama can come back in one of the two remaining debates. i think that's critical. he has to show his own party what he can do, because right now they're depressed. they're not as enthused as republicans are and this is a battle of the party bases. but if you're asking me who is more likely to win the election, i naturally look to the electoral college. he came up with a scenario for romney winning and are you absolutely right. but you see, the problem for romney is, there are many more plausible scenarios for barack obama to get to 270 than there are plausible scenarios for mitt romney to get to 270. >> i agree. i just wanted to confirm whether you believe romney can -- it w
. >> i know your famous crystal ball says president obama will win re-election. consensus is he cannot win without ohio. i've done the numbers, he can win without ohio if he gets florida, virginia, colorado, wisconsin and nevada. i know it is a long shot. where are you pin being the odds on a romney or obama victory? >> it's a close competitive election and we'll have to see whether president obama can come back in one of the two remaining debates. i think that's critical. he has to...
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Nov 6, 2012
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if obama is re-elected, i'll give you both 60 seconds. obama re-elected, is there going to be a double-dip recession? >> if those tax increases go through that robert reich has been drooling for, there will be. i think. >> we get romney victory, i think this economy is going to be -- >> same question. 30 seconds, same question. >> if we get an obama victory the economy is going to be absolutely fine. >> we're going to leave it there. >> the whole south is going republican. >> thanks to our die i ammic duo, good to see both of you, appreciate interest. >>> coming up on "kudlow," battle ground: pennsylvania. a startling upset for romney is in the making. the keystone state in play. later, conservative columnist extraordinaire ann coulter on why romney/ryan is the winning ticket, or did chris christie throw in a monkey wrench? as always, election night especially. free market capitalism, the best path to prosperity, we need more of it. "kudlow" coming right back. >>> mitt romney's going to be the next president of the united states. the 45th
if obama is re-elected, i'll give you both 60 seconds. obama re-elected, is there going to be a double-dip recession? >> if those tax increases go through that robert reich has been drooling for, there will be. i think. >> we get romney victory, i think this economy is going to be -- >> same question. 30 seconds, same question. >> if we get an obama victory the economy is going to be absolutely fine. >> we're going to leave it there. >> the whole south is...
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Aug 24, 2012
08/12
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stocks go up, they elect obama, obama makes stocks go down. stocks go down, that elects romney. it makes stocks go up. complex picture. markets have a hard time figuring this out. we are in a nervous, edgy trading change until the trading change until the election. it's up 11.25 points, 1.7%. apple, very favorable verdict regarding samsung. doug, you heard don luskin on the election risk or lack thereof. what is your response? >> that's a lot of trust in politicians' ability to drive the market forward. i thought markets were driven -- >> excuse me. you didn't hear a word i said. i'm talking about the market driving politics. the theory of reflexivity where the stock market influences the real world. economics elect presidents. it's the economy, stupid. if people start feeling confident they can elect obama. face it. that's a fact. >> hang on. the stock market could be the tie breaker. >> doug, you're an optimist between now and the end of the year. in effect, even using don's model may elect obama. >> but then i like divided government. divided government is the best way. again
stocks go up, they elect obama, obama makes stocks go down. stocks go down, that elects romney. it makes stocks go up. complex picture. markets have a hard time figuring this out. we are in a nervous, edgy trading change until the trading change until the election. it's up 11.25 points, 1.7%. apple, very favorable verdict regarding samsung. doug, you heard don luskin on the election risk or lack thereof. what is your response? >> that's a lot of trust in politicians' ability to drive the...
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Oct 28, 2012
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if president obama is elected. he's got to worry about his legacy and maybe do some things and say let's not just look at each other with nasty faces. >> who's right? >> that switch, if you go back sir months ago was just the opposite. businesses were doing okay. consume er struggling. 2% real gdp, we just got that at the end of the week on top of 2.4 in 2010. 2.0 last year. first three quarters of this year, averaging 1.7. 2% growth. >> what about the housing market, bob? it feels like it's doing better than the overall economy. feels like it's on the rebound. how important is that and do you believe we are seeing an improvement in housing? >> i think the last part, we are seeing a slow bump in housing. it is part of the reason why the consumer is feeling better. i think housing is key. remember, housing, mortgaging, credit, almost did us in a few years ago and so, that feeling slowly is a good thing. >> let's talk fed for a moment. this week, the federal reserve left interest rates unchanged. said it would contin
if president obama is elected. he's got to worry about his legacy and maybe do some things and say let's not just look at each other with nasty faces. >> who's right? >> that switch, if you go back sir months ago was just the opposite. businesses were doing okay. consume er struggling. 2% real gdp, we just got that at the end of the week on top of 2.4 in 2010. 2.0 last year. first three quarters of this year, averaging 1.7. 2% growth. >> what about the housing market, bob? it...
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Nov 8, 2012
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some point to wall street's disappointment with president obama's re-election. but ecb head mario draggi's comments about weakness in europe affecting germany and apple's move into correction territory certainly didn't help things either. now, financials selling off as the market anticipates. another obama term could mean financial regulation is here to stay. coal stocks the hardest hit in the wake of romney's loss. we know he was a supporter. and while not all health care names performed well, hospital stocks did soar today, with obama care set to remain in place money will continue to flow to the hospitals. as you can see, your tenet healthcare up almost 10%. larry? >> all right. many thanks. cnbc's courtney reagan. let's turn now to our investors, break down today's huge market sell-off. joining me is henry blodgett, business insider, co-founder ceo and editor in chief. and david goldman is a former head of fixed income research at bank of america, currently president of macro strategy. and jim lacamp, senior vp of investments at ubs. i begin with mr. la camp
some point to wall street's disappointment with president obama's re-election. but ecb head mario draggi's comments about weakness in europe affecting germany and apple's move into correction territory certainly didn't help things either. now, financials selling off as the market anticipates. another obama term could mean financial regulation is here to stay. coal stocks the hardest hit in the wake of romney's loss. we know he was a supporter. and while not all health care names performed well,...
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Nov 12, 2012
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and a very senior official asked me at one point, president obama is re-elected, can it be fixed. of course. most ceos i want to know want to work with government. they want to make things work, they want to create jobs, opportunity for everybody. so, you know, hopefully that needle will go back and it will take everyone a little bit to say let's just start collaborating. >> what about housing? the last time we spoke i guess a year ago, maybe more than that, actually, you said that housing has bottomed. you still stand by that? >> yeah. because every single thing but housing is flashing green. there is not one thing flashing red. we're creating 3 million more americans every year. homes for sale is now six month supply, not 12-month. the shadow inventory which is still high has been coming down. banks are better at short sales, all-time affordability of homes and mortgages. home prices in the worst markets are now up. phoenix, i gather is up 20 or 30%. >> vegas is up, miami is up, sacramento is up. now, it's not going to be an absence of a strong economy. the economy will drive ho
and a very senior official asked me at one point, president obama is re-elected, can it be fixed. of course. most ceos i want to know want to work with government. they want to make things work, they want to create jobs, opportunity for everybody. so, you know, hopefully that needle will go back and it will take everyone a little bit to say let's just start collaborating. >> what about housing? the last time we spoke i guess a year ago, maybe more than that, actually, you said that...
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Nov 7, 2012
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. >>> nbc news has projected that barack obama has won re-election. just minutes ago the obama camp added the battleground state of colorado. nbc news also projecting democrats retain control in the senate while republicans hold on to the house. >> there were a number of interesting initiatives on state ballots tonight. michelle is looking at the results. >> let's talk about pot. legalization of pot. there are three different states where they were not talking medical marijn. full on legalization of pot as if it were alcohol. you got to be 21, show id and be subject to duis. colorado has voted yes to legalize pot. and yes is the projected winner in washington state where they, too, have voted to legalize state. we are still waiting to hear from oregon. it looked negative going into the polls. >> and then also saying no, in arkansas. arkansas saying no when it comes to medical marijn. taxation issues in california, two big tax issues. >> in many, many years. she was behind this. proposition 38. if if you only made $7,000 a year, she wanted your taxes t
. >>> nbc news has projected that barack obama has won re-election. just minutes ago the obama camp added the battleground state of colorado. nbc news also projecting democrats retain control in the senate while republicans hold on to the house. >> there were a number of interesting initiatives on state ballots tonight. michelle is looking at the results. >> let's talk about pot. legalization of pot. there are three different states where they were not talking medical...
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Oct 14, 2012
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the financial crisis and president obama's election three and a half years ago seemed to be an ideal time when the two ideologies could come together. was it wasted? >> the federal government's financial house is not in order. it's in total disorder. no business that you cover would ever accept $16 trillion in outstanding debt with the almost guarantee or in fact the guarantee that next year we are going to have to borrow another tr trillion or two where you have the congress and republicans and democrats deadlocked on how to solve the problem. the question is, can you prevent what you foresee? in other words, we forsee anyone knowledgeable about this realizes we are on the edge of not just a fiscal cliff, but a calamity. >> you went through the whole long debt ceiling debate which was really upsetting even from business, from being down here on wall street during that time. the markets were in standstill. the business community was in standstill. i feel like we are going through that, again, right now with the fiscal cliff. >> the idea here was to force congress to reach agreement t
the financial crisis and president obama's election three and a half years ago seemed to be an ideal time when the two ideologies could come together. was it wasted? >> the federal government's financial house is not in order. it's in total disorder. no business that you cover would ever accept $16 trillion in outstanding debt with the almost guarantee or in fact the guarantee that next year we are going to have to borrow another tr trillion or two where you have the congress and...
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Nov 7, 2012
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then at the open right here, here's the concerns about obama and clear stoshcks around obama election dropping. then right about here we had apple coming out, suddenly hitting $568, that 20% decline. we took another leg down. good news -- why i am a little optimistic -- this is exactly the european close. we had big volume in the u.s. on the spdrs right at the european close. this suggests a large part of this decline we are seeing right here all the way down was europeans that were actually selling. the minute we hit europe, we stabilized and we actually moved up. we're almost 100 points off of the low on the dow. here's your stocks that are affected notably by i think clearly president obama's election. coal stocks, financial stocks, defense stocks, energy stocks, and some of the dividend payers. this is etf, dvy. apple at $564 i believe? there's $564. when apple hit that you saw the move to the downside. i think it is pretty simple explanation. one-thi one-third, one-third, and maybe one-third. >> as soon as the election's over, we'll go back to talking about europe. >>> sew ma mow
then at the open right here, here's the concerns about obama and clear stoshcks around obama election dropping. then right about here we had apple coming out, suddenly hitting $568, that 20% decline. we took another leg down. good news -- why i am a little optimistic -- this is exactly the european close. we had big volume in the u.s. on the spdrs right at the european close. this suggests a large part of this decline we are seeing right here all the way down was europeans that were actually...
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Sep 24, 2012
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barack obama re-elected. in fact, barack obama re-elected and the republicans fail to take the senate. what's -- what does that mean to the stock market? >> i think it's already priced in. i think at best the most positive thing for the stock market is to say perhaps maybe somebody when ben bernanke's term is up that you get another dove in there. >> so wait a minute. let's just think this. you're saying re-elected obama is priced into the market. a democratic senate is priced into the market. therefore, let me ask, is a fiscal cliff, because that is going to be another confrontation between the republican house and the democrats in the senate and the white house, that means we're going to fall off the fiscal cliff, at least for a couple of months. that's a recession. what does that do to stocks? >> that will hurt stocks at that point in time. i'm not completely convinced -- it's not in everybody's interest to really go over that fiscal cliff, so what the market has priced in is that we're not going to go ove
barack obama re-elected. in fact, barack obama re-elected and the republicans fail to take the senate. what's -- what does that mean to the stock market? >> i think it's already priced in. i think at best the most positive thing for the stock market is to say perhaps maybe somebody when ben bernanke's term is up that you get another dove in there. >> so wait a minute. let's just think this. you're saying re-elected obama is priced into the market. a democratic senate is priced into...
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Nov 6, 2012
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an exception to the rule, and a big one too. 2008 when barack obama was elected, market was up 4%. now -- >> there was such enthusiasm in the air knowing that president obama was likely going to be elected. >> i'm not trying to read anything either way. >> well, it just seems that way. there was such pride in the air. >> exactly. and today now we get this rally. the s&p is up 0.75%. we have an unusual amount of trading going higher again today. are we trying to read into it? we are not at this particular point. it is interesting to see the market rally the day of the election. we'll watch tomorrow to see what the market does. >> so today, as you're seeing, the s&p 500 up ten point. you can see what's happening this election day. it's all speculation as to why, bill. >> trust me, we've been hearing the spin from both sides. one side says when the market rallies that day, the incumbent wins re-election 90% of the time. when you get the market going down on a particular day, you get change in the wind. you know, who knows? the point we're trying to make here is it's unusual for the ma
an exception to the rule, and a big one too. 2008 when barack obama was elected, market was up 4%. now -- >> there was such enthusiasm in the air knowing that president obama was likely going to be elected. >> i'm not trying to read anything either way. >> well, it just seems that way. there was such pride in the air. >> exactly. and today now we get this rally. the s&p is up 0.75%. we have an unusual amount of trading going higher again today. are we trying to read...
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Nov 7, 2012
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. >> lots of movers today responding to president obama's re-election. bertha coombs is at the market flash keeping an eye on -- >> fretreasuries. this part of fixed income, you can see the risk off day, treasury yields are much lower today. we saw a move into the close with a bit of risk on. you saw some selling today and we are lower. just at this hour, moodys reiterates that a downgrade is possible if the deficit is not addressed. it's looking ahead to the deficit talks and the fiscal cliff. >> josh brown, what do you think? >> i think what you want to do today, if you haven't already, look at your lower conviction holdings and ask yourself, are they really worth holding through this fiscal cliff driven a period of time. >> you're talking about stocks, not bonds? >> yeah. with bonds, i don't see any huge opportunity to jump into treasuries specifically if you're holding period is shorter term. stick with cash. there are going to be good entries for equities and over the medium term i think that is where you prefer to be. >> joe, you just said that pre
. >> lots of movers today responding to president obama's re-election. bertha coombs is at the market flash keeping an eye on -- >> fretreasuries. this part of fixed income, you can see the risk off day, treasury yields are much lower today. we saw a move into the close with a bit of risk on. you saw some selling today and we are lower. just at this hour, moodys reiterates that a downgrade is possible if the deficit is not addressed. it's looking ahead to the deficit talks and the...
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Oct 10, 2012
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one ceo threat tons fire some of his staff if obama wins re-election. find out why just ahead on the "closing bell." i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. at the guaranteed's lowest price.attresses plus, pay no interest for 3 years on the best brand-name mattress sets. get your bes
one ceo threat tons fire some of his staff if obama wins re-election. find out why just ahead on the "closing bell." i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. looking for a better place to put your cash? here's one you may not...
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Sep 13, 2012
09/12
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why are they doing this purposely to manipulate the election for barack obama? isn't that what's really going on, brad sherman? the fed is putting money in to help the re-election of obama or am i too cynical? >> you're way too cynical. remember, bernanke was originally a republican nominee. i don't think he's become part of the democratic party. second, i don't think we should be focusing on the politics and trying to score political points. the question is what can we do to get this economy going again. if you want to say, well, the economy is bad, so everything that america's ever done must have been bad, i think that's absu absurd. the fact is our country is good. many of the things we've done are good. this is something that can move us in the right direction. >> brad, i think the country is great. you know i like to be an optimist. i think we are hurting the country by making all these wacko policies. what we should be doing, what we should be doing right now, kevin brady. we should be lowering tax rates, extending the bush tax cuts to remove all that busi
why are they doing this purposely to manipulate the election for barack obama? isn't that what's really going on, brad sherman? the fed is putting money in to help the re-election of obama or am i too cynical? >> you're way too cynical. remember, bernanke was originally a republican nominee. i don't think he's become part of the democratic party. second, i don't think we should be focusing on the politics and trying to score political points. the question is what can we do to get this...
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Nov 9, 2012
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final election tally, obama 50% versus romney 48%. pretty good. despite the talk of skewed polls, proved to be pretty darn accurate. here to help explain well, pollster, mr. goeas. ed, i spoke to you tuesday evening or something. you had it pretty close, too. i mean, why this time around? there was so much debate, you know, this and that, and the democratic samples were going to be bad, and the latino samples were going to be bad and all the samples were going to be bad. turns out it wasn't bad at all. >> that wasn't the case really in the national polls. most of the national polls looking at the whole picture, they always kind of come back to fairly close together. and if you look at the top ten polls, actually the top 15 polls, all of them within the margin of error and very, very close. i think most of the back and forth was more in the state polls, kind of arguing over, was it going to be census data, or exit poll data from 2008 or 2004? interestingly enough, of the eight battleground states you could look at with exit polling from the two yea
final election tally, obama 50% versus romney 48%. pretty good. despite the talk of skewed polls, proved to be pretty darn accurate. here to help explain well, pollster, mr. goeas. ed, i spoke to you tuesday evening or something. you had it pretty close, too. i mean, why this time around? there was so much debate, you know, this and that, and the democratic samples were going to be bad, and the latino samples were going to be bad and all the samples were going to be bad. turns out it wasn't bad...
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Nov 9, 2012
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i never said i would fire anybody if president obama got re-elected. what i did say, that if it gets to the point where doing business is so hard on me, i will seriously think of retirement, and of course that would cause the company to further decrease its sales and opportunities. the company will always be there. we have 10,000 villas at 27 resorts in 11 states. they'll always be serviced. there will always be people to check people in, maintain the units. it's just that our sales will cease to continue. >> by the way, would everybody have gotten a raise if romney were elected this week? >> everyone would have gotten a raise regardless of who was elected. two weeks ago i called my entire staff together. i said, i want to double sales this coming year, figure out how we can do it. i still plan to have that same target of doubling sales. however, i am not going to take the risk that is necessary to do it, but i'm going to keep our goals -- i'm going to try to turn lemons into lemonade. hopefully i'll be successful in doing it. >> all right. good luck w
i never said i would fire anybody if president obama got re-elected. what i did say, that if it gets to the point where doing business is so hard on me, i will seriously think of retirement, and of course that would cause the company to further decrease its sales and opportunities. the company will always be there. we have 10,000 villas at 27 resorts in 11 states. they'll always be serviced. there will always be people to check people in, maintain the units. it's just that our sales will cease...
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Jun 15, 2012
06/12
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if we get a strong economy into the november election, it will get obama re-elected and that will create a weak economy. >> we will work on that. second the proverbial fiscal clip. if we don't extend the tax cuts, that could do great damage and may have already done great damage. what's your take on that? >> people are beginning to talk about it. last week the senate began talking about it, bill clinton began talking about it. the next morning larry summers toked about it on a competing network. both had to issue retractions. the white house forced them to issue retractions within minutes. the white house is so afraid of any spokesman for the democratic party coming out and saying what democrats said in 2010. >> that story is tarting to get out. when barack obama is forced to admit that the economy is not doing fine that means the tax cuts are going to get extended. >> and you think the weak economy is going let mitt rom y romney -- you are a bull? >> i am a bull for those reasons and stocks are so crazy. everybody is worried about the crazy little country. the good guys are going to win
if we get a strong economy into the november election, it will get obama re-elected and that will create a weak economy. >> we will work on that. second the proverbial fiscal clip. if we don't extend the tax cuts, that could do great damage and may have already done great damage. what's your take on that? >> people are beginning to talk about it. last week the senate began talking about it, bill clinton began talking about it. the next morning larry summers toked about it on a...
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Sep 4, 2012
09/12
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be seen as being just trying to help obama in the election. >> if he doesn't do it now, then you can't do anything now until january. >> january, yeah. that will be a long delay. on balance you think he will act if he has support -- >> that's the question. that's why steve's interview with lockhart was fascinating. he sits in the middle and he's a swing vote. and heed this is a very clear call. he's the swing vote. we don't know, do we? >> i think -- i'm sure bernanke will not decide on the basis of his own position. clearly, if mitt romney wins the election, mr. bernanke will be out of office, and he'll probably be out of office anyway because he's had his run. he probably says, i have nothing to lose. my research of great depressions shows the fed has to act sufficiently to do it. if that will be a sufficiently persuasive factor -- >> what's your call for jobs number friday? >> where we are now, 150 or so on an average base. whether the figure is up or below that, i think that's where the average is, which keeps employment moving but not enough to get the employment rate down. >> can
be seen as being just trying to help obama in the election. >> if he doesn't do it now, then you can't do anything now until january. >> january, yeah. that will be a long delay. on balance you think he will act if he has support -- >> that's the question. that's why steve's interview with lockhart was fascinating. he sits in the middle and he's a swing vote. and heed this is a very clear call. he's the swing vote. we don't know, do we? >> i think -- i'm sure bernanke...
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Sep 10, 2012
09/12
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election politics. take a look at what he told cbs yesterday. >> so i'm more than happy to work with the republicans. what i've said in in reducing our deficits, we can make sure we cut 2 w1/2 dollars for ever are dollar of increased revenue. >> we will go to our distinguished house members in just a moment to talk about this. first up, here to discuss the politics and impact the government has on the stock market is our great friend, jim yo urio, optimally, what do you want to hear from these guys? >> we won't hear any work will be done on the fiscal cliff before the election. i don't expect anything optimally, we won't repeal obama-care, this won't happen. we're is a situation now, this election is a referendum on regulation about corporate taxes. that's what we're voting on coming up here. i don't expect anything today. >> the whole world is watching this and will walk away from this and a lot of stories. guys like me will revv this story up and talk about it. i don't know if the president is talking
election politics. take a look at what he told cbs yesterday. >> so i'm more than happy to work with the republicans. what i've said in in reducing our deficits, we can make sure we cut 2 w1/2 dollars for ever are dollar of increased revenue. >> we will go to our distinguished house members in just a moment to talk about this. first up, here to discuss the politics and impact the government has on the stock market is our great friend, jim yo urio, optimally, what do you want to hear...
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Sep 22, 2017
09/17
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election in 2008-'09 >> that shirt looks like it's from the reagan administration >> this is for the folks at home >> that's a horizontally striped shirt that guy has >> it might cause seizures in small children you might want to avert their eyes if we are to believe this rotation, where is the money coming out from? >> tech. it's not time to run for cover in big cap tech. where can you justify multiples, apple where facebook, inintel, sort of with a microsoft, that are defendable with a nice dividend yield and huge capacity that you can put to work if you look at the semis in terms of the nvidias of the world, too rich for my blood if brian is chasing momentum -- >> that's one place. we've seen big cap tech being used as an atm all year long yes, there is some money coming out of that. if you buy into the global growth story, then you don't necessarily need the idiosyncratic growth that's in some of these big cap techs when you talk about facebook and google people were going into them because they couldn't find growth elsewhere for my money, even look at honeywell, something guy ha
election in 2008-'09 >> that shirt looks like it's from the reagan administration >> this is for the folks at home >> that's a horizontally striped shirt that guy has >> it might cause seizures in small children you might want to avert their eyes if we are to believe this rotation, where is the money coming out from? >> tech. it's not time to run for cover in big cap tech. where can you justify multiples, apple where facebook, inintel, sort of with a microsoft,...
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Jun 12, 2012
06/12
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obama is elected. i know your neutral, but i don't care. >> what are the implications of printing money? >> it's the basement of the currency, weak currency, turmoil, inflation, higher interest rates. maybe it's different this time -- >> do you think obama wins or no? i know you don't care. >> i would bet he will win because it's difficult to unseat a sitting president. the republicans have only done it once, he will spend a lot of money in the right states. mr. bernanke is printing a lot of the money. >> will the market sell off giving the tax situation? >> he only has to get through november, next year will be bad, they will raise taxes next year, there are many reasons next year will be bad. >> you're waiting to buy gold? >> if it goes downly buy more and you should too. i know you're not allowed to, but i can. >> great to have you on the program. >> thanks for joining us. >> the dow is up 122 points. >> since news of the big trading loss brook, some say the stock is right here, we're talking jpmorg
obama is elected. i know your neutral, but i don't care. >> what are the implications of printing money? >> it's the basement of the currency, weak currency, turmoil, inflation, higher interest rates. maybe it's different this time -- >> do you think obama wins or no? i know you don't care. >> i would bet he will win because it's difficult to unseat a sitting president. the republicans have only done it once, he will spend a lot of money in the right states. mr. bernanke...
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Nov 5, 2012
11/12
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and ann coulter tells us whether chris christie re-elected barack obama. "the kudlow report" just moments away. >> some incredible after the close action today. eog, my favorite growth oil company, shot the lights out. that stock is climbing and
and ann coulter tells us whether chris christie re-elected barack obama. "the kudlow report" just moments away. >> some incredible after the close action today. eog, my favorite growth oil company, shot the lights out. that stock is climbing and
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Jul 27, 2012
07/12
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in 30% of the futures, barack obama gets re-elected by a very, very narrow margin. but for that to happen romney has to make two or three very big mistakes. something has to happen in the world to change the conversation. and the election would have to be something about other than jobs. if this election continues in the direction it's been in for the last five or six months, this is the worst economy. think of it this way, larry. if you're under 72 years of age, you have never lived in an american economy with this weak a recovery. not for three quarters of a century. that's a pretty big burden for a president to carry into an election. >> newt, let me just ask you, i'll go to the flip side of this. okay, the economy is a tremendous weight around obama's legs, his re-election legs. but in your judgment, in all honesty, you ran against him, you know him well, does mitt romney have the growth message that is connecting with the voters, the voters know things are bad. does romney have the growth message? does romney have a reagan message? does romney have a jack kemp
in 30% of the futures, barack obama gets re-elected by a very, very narrow margin. but for that to happen romney has to make two or three very big mistakes. something has to happen in the world to change the conversation. and the election would have to be something about other than jobs. if this election continues in the direction it's been in for the last five or six months, this is the worst economy. think of it this way, larry. if you're under 72 years of age, you have never lived in an...
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Oct 3, 2012
10/12
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in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i think a romney win is great for stocks. at least the psychology will be two things. first, first cal conservati first, fiscal conservative coming in 2013 to help with growth prosper. second thing, who's going to handle the fiscal cliff the fastest. i think if things remain the same, the fiscal cliff will take a lot longer to fix. we'll have to drive off the cliff and step back from it some time next year. two levels of stock appreciation will be assumption that you get better growth in the economy and the fiscal cliff gets fixed quicker. >> that's a very good point. peter wufb's sa peter, you've said the markets will rally if romney gets elected. >> i think 2013 could be difficult no matter who's elected president. obviously
in fact, in trade showing betters placing a 70% chance on an obama re-election. but some new polls suggest romney is closing the gap. so what happens to the markets and your money if mitt romney pulls ahead or wins? joining us, art, is a romney win bad for stocks? art, we're going to get your mike running. is a romney win bad for stocks? >> i think a romney win is great for stocks. at least the psychology will be two things. first, first cal conservati first, fiscal conservative coming in...
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Jun 26, 2012
06/12
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. >> does the election mean anything to you? as far as the vet outlook. romney versus obama? which is your pick or does the election affect you at all? >> we have a $1.6 trillion deficit and the feds are buying all the bonds. >> this cannot be good. >> just remember, the fed has more debt than italy. we're talking about italy. >> horrible looking balance sheet. >> is that unbelievable. >> with interest rate risks that are out of control. >> you would think finally, our interest rates on ten-year bonds are 1.6%, let's sell a lot of them. who do we sell them to? the fed. who dpnss it overnight. we are just really building a horrible, horrible -- >> this eats at the bankruptcy potential of the united states government. >> it's just driving us down. that's why stocks don't feel good. we're spending too much money. my key point is feel keep looking at what, what is the government to do? are they going to get us out of this? never. >> we need business to turn around. >> last one, you have a pretty good gaming operation in las vegas? we talked about this a queer or two ago. real qui
. >> does the election mean anything to you? as far as the vet outlook. romney versus obama? which is your pick or does the election affect you at all? >> we have a $1.6 trillion deficit and the feds are buying all the bonds. >> this cannot be good. >> just remember, the fed has more debt than italy. we're talking about italy. >> horrible looking balance sheet. >> is that unbelievable. >> with interest rate risks that are out of control. >> you...
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Nov 7, 2012
11/12
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tonight he is with president obama and the first lady watching the election returns. at some point it will be interesting to see when he comes here to mccormick place. back to you. >> that pick-up basketball game an old tradition for the president on election day. >> to the romney camp, hampton pearson is live in boston tonight. hampton? >> carl, it's not just the music that has the romney headquarters here in boston rockin' right now, they like the red on the map that they've seen thus far of those four states if you will in the romney column any time projection goes their way, there's applause that goes up here in the headquarters room. meanwhile, mitt romney has only been back in boston for about an hour and a half after those last-minute campaign stops in ohio and pennsylvania. he's next door at a hotel that's adjacent to this massive convention center monitoring the returns, getting reports from around the country. elsewhere across town in boston, at the boston gardens, there's a romney war room still in operation, making calls to presumably places where the poll
tonight he is with president obama and the first lady watching the election returns. at some point it will be interesting to see when he comes here to mccormick place. back to you. >> that pick-up basketball game an old tradition for the president on election day. >> to the romney camp, hampton pearson is live in boston tonight. hampton? >> carl, it's not just the music that has the romney headquarters here in boston rockin' right now, they like the red on the map that they've...
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Apr 25, 2012
04/12
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does this election, which this election revolve around the obama economics story or a referendum on mitt romney and his policies? which will it be? >> a referendum on the current president. every re-election campaign, even member on member primaries are referendums on the incumbency. the reason it's a referendum and not a choice, it's a re-election. the classic question ronald reagan asked, are you better off now than four years ago is what people are asking this time. >> that's what mitt romney is asking this time. people are not stupid, which borrows from bill clinton. >> that was the best speech mitt romney has given of the cycle in my view. not just the apple and google economy according to mitt romney. really mom and pop. very populist and also something that neither he he narrow becama has been in months, optimistic and forward looking. >> he was very aspirational. one of the interesting things. very optimistic. he said the middle class can prosper. he ais always talking about how we have to tax rich people. your children can do better than you do. and obama seems so negative and p
does this election, which this election revolve around the obama economics story or a referendum on mitt romney and his policies? which will it be? >> a referendum on the current president. every re-election campaign, even member on member primaries are referendums on the incumbency. the reason it's a referendum and not a choice, it's a re-election. the classic question ronald reagan asked, are you better off now than four years ago is what people are asking this time. >> that's...
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Oct 18, 2012
10/12
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is tax reform dead if obama is re-elected? and will it just take -- we have to wait until mitt romney comes in. >> it's not dead. i'm sorry, david, i thought he directed the question at me. yeah, i'm afraid it is. you have to understand president obama struggles every day with his limitations, his vision is very constricted, he has no training, no experience, no imagination and worst of all, he has no willingness to consider a point of view that comes from outside his very, very seques r sequestered upbringing and experience, he just doesn't have the creativity to get beyond himself. >> got the leave it there. >> coming up on kudlow, the u.s. economy is the next big target for terrorism. the attempted bombing of the new york federal reserve, one example a string of cyber attacks on banks. and now ahmadinejad remains a debt laden country and he can't go on for long. ericans are alwao work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping gener
is tax reform dead if obama is re-elected? and will it just take -- we have to wait until mitt romney comes in. >> it's not dead. i'm sorry, david, i thought he directed the question at me. yeah, i'm afraid it is. you have to understand president obama struggles every day with his limitations, his vision is very constricted, he has no training, no experience, no imagination and worst of all, he has no willingness to consider a point of view that comes from outside his very, very seques r...
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Nov 7, 2012
11/12
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then we kept dropping into the open and obviously this is concerns on obama's election. take a look at the major sectors here around him. coal stocks, financials, defense, energy, and dividend payers. that's the last one there, all to the downside. >>> finally a few points when apple broke the 20% decline mark. >> i think that's quite significant. they're watching that down here certainly. bob, thank you. >>> so we have a stock market sell-off. jonathan is back with us to give us a little strategy here because we still have a lot of headwinds which you talk about earlier with tyler. we have europe which continues to grab the headlines as bob just mentioned. we have the fiscal cliff and we still have the jobless rate at unacceptedly high levels. what do you do with your snn. >> while the electorate, citizens care about jobs, the market really cares about economic growth and profits. i think that what the story to me that's most important today is how low yields have moved. that's the market telling you that we have a growth problem and that's not going to be good for prof
then we kept dropping into the open and obviously this is concerns on obama's election. take a look at the major sectors here around him. coal stocks, financials, defense, energy, and dividend payers. that's the last one there, all to the downside. >>> finally a few points when apple broke the 20% decline mark. >> i think that's quite significant. they're watching that down here certainly. bob, thank you. >>> so we have a stock market sell-off. jonathan is back with us...
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Nov 8, 2012
11/12
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first, election aftermath. two days since president obama's re-election. two days of pain for stocks. we'll tell you if we leaf is in sight. plus, america, the home of the free and energy independent. the boss of devon energy weighs in. carl ikon keeps getting active. tonight he's talking to fast. find out what he's got up his sleeves when it comes to netflix. straight to today's sell off. the s&p 500 dropping below the 200-day moving average. energy, tech, discretionary leading the declines here. guy, what do you make of it? >> we said 1379 is where we should probably go. we pointed out 1425 on the upside will be the resistance. it has been. you know what i think in terms of longer term. i'll say tomorrow it would not surprise me if you got data that took the s&p up 15 to 20 and it left everybody leaving on a friday not knowing where to go. shorts and longs will be confused and people have the weekend to ponder it. maybe initial move lower and to your point below the 200 day. it needs to close below the 200 day for more than a few days to get concerned. i
first, election aftermath. two days since president obama's re-election. two days of pain for stocks. we'll tell you if we leaf is in sight. plus, america, the home of the free and energy independent. the boss of devon energy weighs in. carl ikon keeps getting active. tonight he's talking to fast. find out what he's got up his sleeves when it comes to netflix. straight to today's sell off. the s&p 500 dropping below the 200-day moving average. energy, tech, discretionary leading the...
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Oct 11, 2012
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is that a reason to re-elect barack obama? >> the last incumbent president re-elected during a somewhat challenging time george w. bush had had a motto the whole campaign, steady leadership in times of change. i do think that the american public can distinguish between a bad situation that has a lot of historical roots and what they are trying to do, and whether you're talking about detroit or you're talking about the jobs numbers or you're talking about signs of hope or talking about a stock market that is roaring back, that doesn't fix the problems. >> a ri -- >> just to finish larry's question, i agree with your point, by the way, that the real long-term unemployment numbers are worse and that hurts people out there, but i do think people can make that distinction. >> hang on, hang on. >> i've got to hop in here. >> independents moved by one point after the debate. >> bush in '0 0 4 was running on that platform, had to do with the war. >> that's true. >> not the economy. >> what's missing -- what's missing on the obama case
is that a reason to re-elect barack obama? >> the last incumbent president re-elected during a somewhat challenging time george w. bush had had a motto the whole campaign, steady leadership in times of change. i do think that the american public can distinguish between a bad situation that has a lot of historical roots and what they are trying to do, and whether you're talking about detroit or you're talking about the jobs numbers or you're talking about signs of hope or talking about a...
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Nov 6, 2012
11/12
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dazed and confused about what to do, and confused about what matters if president obama is re-elected or not. the indecision over the outcome played out once again in today's quiet session. the dow gained 19 points. s&p rallied. nasdaq advanced .59%. tonight i want to show you what really matters in stocks, why they might go up or down independent of the election. don't worry, i'm going to give you some picks for an upset by governor romney, although i'm on record thinking it's most likely not going to go the governor's way. but i bow to popular demand. first up, let's figure out how stocks have really done under president obama, and i'm going to use a prism that i haven't seen anyone else use, the five-year lookback. you cannot use the inauguration day as the starting point. there's too much priced in at that point. almost every stock is higher, so it's irrelevant. the s&p is up 75% from inauguration. we need to go back to when the great recession was just about to begin. it became clear the next occupant in the white house could be a democrat, proved my thesis that if obama wins, it
dazed and confused about what to do, and confused about what matters if president obama is re-elected or not. the indecision over the outcome played out once again in today's quiet session. the dow gained 19 points. s&p rallied. nasdaq advanced .59%. tonight i want to show you what really matters in stocks, why they might go up or down independent of the election. don't worry, i'm going to give you some picks for an upset by governor romney, although i'm on record thinking it's most likely...
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Nov 6, 2012
11/12
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lar larry, to this point you'd be saying you thought president obama would win re-election. what's making you change your mind? >> well, we began to look closely at the assumptions in the polls during october, and last sunday we finally made the switch. the consensus view in the polls is a narrow win for the president, but if you look closely, they have an advantage to the democrats in turnout of four points. last time it was seven points. and i really don't think that's very reflective of just how much less democratic the country is today than it was in 2008. you got to remember, '08 was the highest democratic vote in 44 years. so to say you're just backing off three points really doesn't match up with a lot of other surveys. if you look at gallup, rasmussen, they do a monthly review of all their respondents, they don't fiddle around with assumptions, and they found the republicans are likely to have a one-point advantage so i think the consensus polls are off. i base my calls on the numbers and that's what the numbers are telling me. >> larry, because you just connected so
lar larry, to this point you'd be saying you thought president obama would win re-election. what's making you change your mind? >> well, we began to look closely at the assumptions in the polls during october, and last sunday we finally made the switch. the consensus view in the polls is a narrow win for the president, but if you look closely, they have an advantage to the democrats in turnout of four points. last time it was seven points. and i really don't think that's very reflective...
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Nov 9, 2012
11/12
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now that he's been re-elected, tomorrow president obama will finally tackle the fiscal cliff in a delivered statement. we are going to get you the details. there's been a 400-point-plus selloff since the election. we could be staring at a dividend tax and a capital gains tax hike. superstar investor ken hebner tells us how to get through this period. >>> also, american drone and international airspace days before the election and kept secret until now. is that a coincidence? >>> and on election day, voters in two states allowed recreational use of marijuana. is this the gateway to liberals legalizing rampant drug use in this country? janine turner is going to join us. >>> within the hour, word that president obama will make a statement on the fiscal cliff and the economy at 1:00 p.m. tomorrow. the congressional budget office issued a new scenario of what happens if the president and congress fail to act.
now that he's been re-elected, tomorrow president obama will finally tackle the fiscal cliff in a delivered statement. we are going to get you the details. there's been a 400-point-plus selloff since the election. we could be staring at a dividend tax and a capital gains tax hike. superstar investor ken hebner tells us how to get through this period. >>> also, american drone and international airspace days before the election and kept secret until now. is that a coincidence?...
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Oct 11, 2012
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. >> what do you think about the idea that if president obama got elected it would be easier to get a deal done because he would no longer worship the god of re-election? >> i think one thing that's missed by everybody is no matter who's elected, the math is the same. i think it's starting to don on romney there's no free lunch tax cuts. for obama, there's no free lunch from raising taxes either. they're both going to face, i think, very similar realities. as i like to say, the math is inexrabble. >> it isn't the same. the math isn't the same. i believe that if you do the right thing, you broaden the tax base, you take away the loopholes, i think that there is a nonstatic aspect. there's economic growth that can make up a difference, which is at the epicenter of that 5 trillion number. >> not just that, they both have very different attitudes about spending. >> but guys -- >> which they've highlighted. >> i think we're at a point now where we've figured out tax cuts don't pay for themselves. >> i disagree. tax cuts that last one year where you don't know what the next two, three, or f
. >> what do you think about the idea that if president obama got elected it would be easier to get a deal done because he would no longer worship the god of re-election? >> i think one thing that's missed by everybody is no matter who's elected, the math is the same. i think it's starting to don on romney there's no free lunch tax cuts. for obama, there's no free lunch from raising taxes either. they're both going to face, i think, very similar realities. as i like to say, the math...
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Nov 6, 2012
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if obama is re-elected and that's the message the market gets tomorrow that's what will happen. everything else is irrelevant. >> we keep hearing if it's president obama who wins re-election there would be a rash of elections at year end. would you want to hold on to the last minute? >> that's a bet you will talk about in terms of what it is. remember, the value when you sell it, if you wait for the current dividend you will lose it on the price of stock when you sell it. don't believe these people that tell you that it's not different. it is very different. it's as completely different interest rate world. >> yeah. >> after tax returns is all people will care about with a higher dividend tax rate. >> we'll know more. >> we hope. i'll be watching you. >> tonight. >> if i can find a place with tv and electricity. thank you, andrewco moe. >> bob pisani is out there. >> the veneer of civilization gets thin when you have no gasoline and no electricity. >> yes. gary doing his best to hold up there. we are looking to see if the market is projecting a clear winner or loser here. no. i
if obama is re-elected and that's the message the market gets tomorrow that's what will happen. everything else is irrelevant. >> we keep hearing if it's president obama who wins re-election there would be a rash of elections at year end. would you want to hold on to the last minute? >> that's a bet you will talk about in terms of what it is. remember, the value when you sell it, if you wait for the current dividend you will lose it on the price of stock when you sell it. don't...
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Nov 12, 2013
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up next stock market bull run after president obama's re-election? it's one of the strongest in history. that's right. our question does he deserve the credit? plus several years ago art laffer fled california to tennessee. he explains why high taxes are making things worse in his former home state. i'm kudlow. we'll be right back. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. that's what they can do ♪ith you. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >> >>> yes, indeed, president obama is enjoying one of the best stock markets of any re-elected president in history. only bill clinton and ronald reagan had stronger
up next stock market bull run after president obama's re-election? it's one of the strongest in history. that's right. our question does he deserve the credit? plus several years ago art laffer fled california to tennessee. he explains why high taxes are making things worse in his former home state. i'm kudlow. we'll be right back. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you...
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Nov 1, 2012
11/12
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so with five days left until election day, is president obama's midwest firewall actually crumbling? the latest rasmussen poll in the critical battleground state of wisconsin shows a dead heat. romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts taken the state of wisconsin in a presidential election since 1492. so how does it look, how do you see it right now? >> well, i was out in green bay, wisconsin nearby where the president was today. i've been all over the state the last couple days. momentum is clearly on our side. and you expect that out of somebody advocating for candidates, but i've really seen it. we made 4.5 million voter contacts leading up to the june 5th election. we won by a bigger mar begin than we did in 2010. and that basis of support hasn't let up, that converted over to mitt romney, it got inspired when paul ryan was added to t
so with five days left until election day, is president obama's midwest firewall actually crumbling? the latest rasmussen poll in the critical battleground state of wisconsin shows a dead heat. romney, obama, tied at 49%. so joining me now for an exclusive interview is governor scott walker, republican from wisconsin. governor walker, as always, sir, welcome back to the "kudlow report." we appreciate it. they're tied at 49% which is something of a surprise. the republicans strnts...
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Jun 5, 2012
06/12
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later, is bill clinton sabotaging president obama's election? maria bartiromo interviews the former president. first, we will talk to the author of the best-selling book "the amateur." bill clinton rips obama in this expose. don't miss this. we'll be right back. high schools in six states enrolled in the national math and science initiative... ...which helped students and teachers get better results in ap courses. together, they raised ap test scores 138%. just imagine our potential... ...if the other states joined them. let's raise our scores. let's invest in our teachers and inspire our students. let's solve this. [ laughter ] ♪ [ female announcer ] each one of us is our own boss. ♪ and no matter where you are in life, ask your financial professional how lincoln financial can help you take charge of your future. ♪ in your fight against bugs. ortho home defense max. with a new continuous spray wand. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. >>> welcome back to "the kudlo
later, is bill clinton sabotaging president obama's election? maria bartiromo interviews the former president. first, we will talk to the author of the best-selling book "the amateur." bill clinton rips obama in this expose. don't miss this. we'll be right back. high schools in six states enrolled in the national math and science initiative... ...which helped students and teachers get better results in ap courses. together, they raised ap test scores 138%. just imagine our...
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Jun 4, 2012
06/12
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by the time of the election and obviously it would make a huge difference to obama's re-election chances. yeah, you bet, they would love 4.7. >> thank you very much for the report. we appreciate it. all right. so who is the job creator for america? still unclear what exactly the president plans to do to turn around the economy, which is anemic, to say the best. the clock is ticking. i want to talk about this whole thing, from massachusetts then to america now. we have democratic strategist ted devine, vin weber, romney economic policy advisor. okay. give me the romney response on massachusetts ten years ago or whenever. >> well, it's incredible. the obama campaign, first of all, let's keep in mind the obama campaign first had a surrogate out there attacking his wife. then they attacked his business. both of those backfired. this attack on the governorship of mitt romney will backfire, too. he took over the state after the collapse or the bursting of the tech bubble which disproportionately affected massachusetts. they were ranked 50th in job creation when he came in as governor, 30th whe
by the time of the election and obviously it would make a huge difference to obama's re-election chances. yeah, you bet, they would love 4.7. >> thank you very much for the report. we appreciate it. all right. so who is the job creator for america? still unclear what exactly the president plans to do to turn around the economy, which is anemic, to say the best. the clock is ticking. i want to talk about this whole thing, from massachusetts then to america now. we have democratic...
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Nov 6, 2012
11/12
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in 2008 when obama was elected the dow surged 3%. on the day we are following polls' performance since the last presidential debate. we head to the pit for a look at where traders think gold is going based on who wins. we told you that along with everything else on wall street today. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's ju
in 2008 when obama was elected the dow surged 3%. on the day we are following polls' performance since the last presidential debate. we head to the pit for a look at where traders think gold is going based on who wins. we told you that along with everything else on wall street today. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates...
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Nov 14, 2012
11/12
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i love logistics. >>> okay, president obama is re-elected. now is thereltheresy future for market capitalism in the united states? >> are we becoming a nation that is welfare dependant? things that made the election is that where we are going? >> that is where we are right now. i don't know. when you are making an argument that i'm going to reduce your taxes and you don't pay taxes that is not a sellable argument. 50% of voters can pull the lever and vote themselves a raise. >> 50% is the number of dependants in one way or the other. from the federal government. so the income tax payment is low. but thing that troubles me. i did write a column asking about the impact. the great society failed. we are creating the great society again. the family break up has had a great break up. >> welfare -- obama is loseening those requirements. the unemployment rate is 14.3%. emanuelle cleaver, the head of the black congressional caucus, if under 14% we had a white house person, we would be marching on the white house? >> how do you assess that. i'm going
i love logistics. >>> okay, president obama is re-elected. now is thereltheresy future for market capitalism in the united states? >> are we becoming a nation that is welfare dependant? things that made the election is that where we are going? >> that is where we are right now. i don't know. when you are making an argument that i'm going to reduce your taxes and you don't pay taxes that is not a sellable argument. 50% of voters can pull the lever and vote themselves a...
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Sep 9, 2012
09/12
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he's re-elected to another term. i spoke to a man who knows. peter orszag. >> i think what's going to happen is probably early next year, late next year if president obama is re-elected you'll have a big fiscal deal that gets cut. with a republican house and in that scenario a democratic president, it will be a centrist deal. and it has to happen because we've got some constraints that need to be lifted and both sides know that. >> might get a little rocky before we get there but we will get there. >> what do you think the deal looks like, peter, in terms of the fiscal cliff and tax cuts and the spending programs? >> i unfortunately think that most likely scenario is still is that we go over the cliff and then if a deal that's cut in early january, if which you can combine a more progressive tax cut than what would have just expired with entitlement reform and simultaneously raise the debt limit. that's eminently doable and most likely scenario. >> will that be enough to avoid a recession in 2013 even the congression
he's re-elected to another term. i spoke to a man who knows. peter orszag. >> i think what's going to happen is probably early next year, late next year if president obama is re-elected you'll have a big fiscal deal that gets cut. with a republican house and in that scenario a democratic president, it will be a centrist deal. and it has to happen because we've got some constraints that need to be lifted and both sides know that. >> might get a little rocky before we get there but we...
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Aug 9, 2012
08/12
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. >> and wall street supported obama's election four years ago, this year not as much. >>> speaking of the white house, jared bernstein says taxes should be raised on all americans because we're under taxed. >> you never know what will happen on the floor of the new york stock exchange. he plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my mother was so wrong about you. next, we get priority boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. this is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with special perks on united. get it and you're in. with special perks on united. this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world.
. >> and wall street supported obama's election four years ago, this year not as much. >>> speaking of the white house, jared bernstein says taxes should be raised on all americans because we're under taxed. >> you never know what will happen on the floor of the new york stock exchange. he plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my mother was so wrong about you. next, we get priority boarding on...
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Feb 15, 2012
02/12
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today tim geithner testified before the senate fans committee defending team obama's election year call for higher taxes on wealthy taxpayers. here he is on corporate tax reform. >> we're going to propose a broad reform that will lower rates, broaden the base and wipe out a very substantial fraction, dozens and dozens and dozens of special tax prercferences for businesses. >> while creating a lot of new ones? >> no. >> the obama budget has a $350 billion tax hike on american companies. that is crazy. and inside that according to the budget is a $150 billion tax hike on u.s. profits overseas, exactly wrong. there is talk about a goebbels minimum tax, which is perhaps where that $150 billion tax hike comes from. that is also wrong. essentially these measures are penalizing american companies operating overseas. it create as double tax on their profits. i don't like any part of that. business is going to hate that. now, let's debate it. we have cnbc contributor, our great friend jared bernstein. we also have steve forbes, chairman and editor in chief of forbes media. gentlemen, thank you.
today tim geithner testified before the senate fans committee defending team obama's election year call for higher taxes on wealthy taxpayers. here he is on corporate tax reform. >> we're going to propose a broad reform that will lower rates, broaden the base and wipe out a very substantial fraction, dozens and dozens and dozens of special tax prercferences for businesses. >> while creating a lot of new ones? >> no. >> the obama budget has a $350 billion tax hike on...
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Nov 7, 2012
11/12
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i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has started and that he can improv upon it. but he can't do it unless he's there. things are so bad in this country. to trust it to someone who does not have the experience to spend four years learning the job or even two years is too much time. >> governor, you want to quickly break in and say that senator claire mccaskill will hang on to her seat. akin set off the fire storm with the phrase "legitimate rape." >> amazing. >> both candidates undone by comments that obviously did not sit well with some women voters. >> stay right there. >> it doesn't make sense to people, period. >> we want to get amy in here. stay right there. amy wants to give us some color on the latest results. >> when you look at this claire mccaskill todd akin race, you have got to look at the national republicans. they wanted to see if they could support anybody else but akin in this race. akin stayed in despit
i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has started and that he can improv upon it. but he can't do it unless he's there. things are so bad in this country. to trust it to someone who does not have the experience to spend four years learning the job or even two years is too much time. >> governor, you want to quickly break in and say that...